New GST Laws

From 1 July 2017 the government has decided to bring in 2 new GST Laws

  1. GST will apply to overseas parties for digital media (like streaming or downloading movies, games, apps and e-books) and other services such as legal or architectural services imported by Australian consumers who are not registered for GST.  What this means is that download and purchase what you can now because as of the 1sts July these services will increase in price.
  2. From 1 July 2017, non-resident suppliers who sell low value goods to any consumer in Australia will need to charge GST where they meet the $75 000 registration threshold and then remit those GST amounts to the ATO. Currently, goods below $1 000 are exempt from GST. This threshold will be abolished from 1 July and therefore GST will apply irrespective of the price of the goods. These two changes may require non-resident clients to register for GST. The good news is that in the coming months the ATO will have a new facility to allow non-residents to register online with minimal information. More details on how to register via the simplified new facility will be available from April 2017.

If you need any clarification on this please do not hesitate to give me a call on 0415 869 199

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